Quick charity verification for Pseg Foundation Inc (EIN: 223125880)
Verdict: Pseg Foundation Inc appears trustworthy
85/100Mission Score
$1.7MRevenue
$29.6MAssets
1Red Flags
1Strengths
Red Flags
The foundation has maintained a consistent focus on program spending, which is a positive sign of mission alignment.
Strengths
The foundation's commitment to not using funds for executive compensation is commendable.
Spending Breakdown
How Pseg Foundation Inc allocates its funds across programs, administration, and fundraising.
65%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
20%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Pseg Foundation Inc
Is Pseg Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pseg Foundation Inc (EIN: 223125880) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 1 strength noted.
Is Pseg Foundation Inc a good charity to donate to?
Pseg Foundation Inc has a Mission Score of 85/100. Revenue: $1.7M. Assets: $29.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pseg Foundation Inc?
The Employer Identification Number (EIN) for Pseg Foundation Inc is 223125880. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Pseg Foundation Inc spend its money?
Pseg Foundation Inc allocates 65% to programs, 15% to administration, and 20% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pseg Foundation Inc's tax-exempt status?
You can verify Pseg Foundation Inc's tax-exempt status using EIN 223125880 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Pseg Foundation Inc is a unknown nonprofit based in Newark, New Jersey, with reported revenue of $1.7M and assets of $29.6M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 65% of spending goes to programs, 15% to administration, and 20% to fundraising. Executive compensation remains at 0%, indicating a commitment to not using funds for personal gain. Revenue has grown +215% across 10 filing periods.